Menu

freeannualcreditreport

THE BEST CREDIT CARD!!!

Here I speak about what I think is the best credit card for those who are starting or rebuilding their credit
Card details: https://www.capitalone.com/credit-cards/quicksilverone/?Log=1&EventType=Link&ComponentType=T&LOB=MTS%3A%3ALCTMMQC4S&PageName=Credit+Cards+Compare+&ComponentName=browseTable&ContentElement=20%3BCard+details&TargetLob=MTS%3A%3ALCTMMQC4S&TargetPageName=QuicksilverOne+Card+Details&referer=https%3A%2F%2Fwww.capitalone.com%2Fcredit-cards%2Fcompare

Today’s question is: Will I Build Credit Faster With Multiple Credit Cards?
Ask us your credit questions in the comments and find your next card at https://www.creditcardinsider.com/

Will you build credit more quickly if you get more credit cards? It turns out that credit scoring is not so simple. While having more credit cards will give you more available credit and make it easier to keep a low utilization (improving your credit score), every new credit card you open will lower your average age of accounts (decreasing your credit score). The same is true for secured credit cards, which require a security deposit to open.

Every week, John Ulzheimer answers YOUR credit questions. Email us, give us a call, or ask on live chat, and we may answer your question on YouTube!